xt751c1tfb7j https://exploreuk.uky.edu/dips/xt751c1tfb7j/data/mets.xml Lexington, Kentucky University of Kentucky 2011 minutes  English University of Kentucky Contact the Special Collections Research Center for information regarding rights and use of this collection. Minutes of the University of Kentucky Board of Trustees Minutes of the University of Kentucky Board of Trustees, 2011-06-14 text Minutes of the University of Kentucky Board of Trustees, 2011-06-14 2011 2012 true xt751c1tfb7j section xt751c1tfb7j Minutes of the Meeting ofthe Board of Trustees of the University of Kentucky, Tuesday,
June 14, 2011.
The Board of Trustees ofthe University of Kentucky met at 1:00 p.m. (Lexington time)
on Tuesday, June 14, 2011 in the Board Room on the 18m Floor of Patterson Office Tower.
A. Meeting Opened
Dr. E. Britt Brockman, chair of the Board of Trustees, called the meeting to order at 1:05
p.m. He asked Ms. Pam May, secretary ofthe Board, to call the roll.
B. Roll Call
The following members of the Board of Trustees answered the call of the roll: E. Britt
Brockman (chair), Sheila Brothers, Penelope A. Brown, Jo Hern Curris, Dennontti F. Dawson,
Oliver Keith Gannon, Carol Martin "Bill” Gatton, Pamela T. May, Everett McCorvey, Teny
Mobley, Sandy Bugie Patterson, Joe Peek, Erwin Roberts, Charles R. Sachatello, Ryan M.
Smith, James W. Stuckert, and Barbara Young. Absent from the meeting were William S.
Farish, Jr., Billy Joe Miles, and C. Frank Shoop. Ms. May announced that a quorum was
present.
The university administration was represented by President Lee T. Todd, Jr., Provost
Kumble Subbaswamy, Executive Vice President for Finance and Administration Frank Butler,
Executive Vice President for Health Affairs Michael Karpf; and General Counsel Barbara W.
Jones.
The university faculty was represented by Chair of the University Senate Council Hollie
Swanson, and the university staff was represented by Chair of the Staff Senate Jann Burks.
Members ofthe various news media were also in attendance.
C. Consent Items
Dr. Brockman called attention to the five consent items. They included the minutes for
the regular meeting ofthe board on May 3, 2011, PR 2, which deal with personnel actions, and
FCRs 1 through 3 which contain a gift from Kentucky Christian Foundation in fulfillment of a
pledge to the Research Challenge Trust Fund, a renaming of the Orchestra Research Endowment
to the Lee T. Todd, Jr. and Patricia B. Todd Music Outreach Endowment, and a new quasi-
endowment in the Human Development Institute Scholarship Fund. Mr. Stuckert moved
approval, and the motion was seconded by Dr. McCorvey. The motion carried without dissent.
(See consent items listed below on the trustees website under agenda.)
Minutes May 3, 2011
PR 2 Personnel Actions
FCR 1 Gift from Kentucky Christian Foundation to Replace Unfulfilled Pledge to
Research Challenge Trust Fund

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FCR 2 Renaming ofthe Orchestra Research Endowment to the Lee T. Todd, Jr. and
Patricia B. Todd Music Outreach Endowment
FCR 3 Human Development Institute Scholarship Fund Quasi-Endowment
D. Chair’s Report
Dr. Brockman first recognized Micah Fielden, newly elected Student Government
Association (SGA) president and welcomed him to the meeting. Mr. Fielden, who received a
round of applause from the Board, will be sworn in office after June 30. Dr. Brockman also
praised the outgoing SGA president and Board member Ryan Smith for his outstanding two
years of service to the Board and to the University. Mr. Smith was applauded enthusiastically by
the Board members.
Dr. Brockman next announced a Board retreat for late August at which the topic will be
Strategic Vision. Mr. Mobley’s committee on Athletic Oversight and Governance will most
likely present its report in September at the board meeting. The committee wishes to involve
President Elect Eli Capilouto in their first meeting.
He concluded his report by saying the collaboration of UK HealthCare with Norton
Healthcare of Louisville was a prominent topic during the health care retreat held on June l3.
Exciting opportunities are coming to both institutions as the collaboration begins on cancer,
obesity, transplants, and residency training.
Dr. Brockman passed the floor to President Todd for his report.
E. President’s Report and Action Items
President Todd began his remarks by discussing the press conference held that morning
to announce that UK was named by the National Institutes of Health as a winner of an NIH
Institutional Clinical Translational Science Award (CTSA). The concept of translational
research recognizes that academic basic science and the knowledge gained must somehow be
extended to real life situations so that the country receives a direct benefit from research
expenditures in the fonn of jobs and improved medical treatment at the bedside. The award
brings a total of $20 million — $4 million a year for five years — to the University for doing
precisely that type of translation.
As part ofthe CTSA project, UK is developing the Appalachian Translational Research
Network in collaboration with both in-state and out-of-Kentucky partners Marshall University,
The Ohio State University, and the University of Cincinnati. Gearing our facilities up for the
CTSA designation required concentrated effort by Provost Subbaswamy and Dr. Karpf for
multiple years and involved investment and hiring of faculty and staff The president
acknowledged the contribution of faculty member Dr. Philip A. Kern, hired two years ago to be
director of the group and also a speaker at the press conference that morning.
President Todd emphasized that perhaps most important is that UK is now ranked by NIH
as highly as the other institutions — Penn State, UCLA, Kansas, and the University of Minnesota

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— that also received the CTSA this year. Happenings in the medical field at UK have exceeded
President Todd’s expectations.
F. President’s Report (PR 1)
UK Gets $6.9 Million Federal Grant to Study Biofuels
President Todd turned to PR 1’s first item — the receipt of a $6.9 million federal grant to help
reduce America‘s reliance on imported oil, which has a potential impact of creating jobs for
fanners and spreading the results of the research that UK does in Lexington and throughout the
state. It is one of eight awards issued by the U.S. Department of Agriculture and the U.S.
Department of Energy. The purpose of this UK project is to improve the economics for
biorefineries by using on-farm processing to convert biomass (locally grown switchgrass and
miscanthus) to a mixture of butanol, ethanol, acetone, and organic acids. The product can then
be easily transported to a biorefinery for further processing. The proj ect will integrate input from
experts in a variety of disciplines, including plant and soil scientists, horticulturists, chemical
engineers, and economists. The principal investigator is Sue Nokes, a professor in the
Department of Biosystems and Agricultural Engineering.
Tempur-Pedic to Build $18 Million Headquarters at Coldstream Research Campus
Lexington-based Tempur-Pedic, an international company that manufactures and distributes
mattresses and pillows made from its proprietary pressure-relieving material, will build an $18
million world headquarters at UK’s Coldstream Research Campus. Construction of the 100,000
square foot building is expected to begin this fall and should be completed by December 2012.
The company will add 65 new jobs over the next five years for a total of 300 jobs. Provost
Subbaswamy and Vice President for Commercialization and Economic Development Len Heller
were instrumental in working with Tempur-Pedic scientists and executives to make this
agreement.
Kentucky Film Premiers on KET Includes UK Faculty
"Kentucky—An American Story” premiered on May 24 on Kentucky Educational Television.
The film was narrated by film star and UK alumna Ashley Judd, directed by Academy Award
winning filmmaker Paul Wagner, and written and produced by fonner UK history professor
Daniel Smith. It is a provocative and entertaining documentary about the revealing connections
between Kentucky‘s and America‘s past. Started by then-department-head Daniel Smith as a
proposed UK Collaborative, the film offers commentary from UK history professors Ron Eller
and Tracy Campbell, along with prominent Kentucky authors Silas House, Erik Reece, and Al
Smith.
Jazz Ensemble Invited to Perfonn in Switzerland Netherlands
President Todd announced that the UK Jazz Ensemble has been invited to perfonn at two major
intemational jazz festivals this summer. The ensemble will be among a select group perfonning
at the Montreux Jazz Festival in Montreux, Switzerland, and the North Sea Jazz Festival in
Rotterdam, the Netherlands. Less than 10 percent of applicants to these two prestigious jazz
festivals are selected to perfonn at the events, which showcase professional and legendary jazz
musicians. The UK Jazz Ensemble will tour Europe June 28 through July 12 on the largest tour

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ever mounted by a UK School of Music ensemble. The ensemble perfonns under the direction
of Miles Osland, director of j azz studies and professor of saxophone.
Women & Philanthropy Network Awards 43 Undergraduate Scholarships
The University of Kentucky Women & Philanthropy Network awarded $186,810 in need-based
scholarships to 43 UK undergraduate students this year, up from $169,000 to 39 students in
2010. Scholarships are given to UK students involved not only in science, technology,
engineering, and mathematics, but also in health, education, music, art, and study-abroad
programming. The Women & Philanthropy Network was established at UK in September 2007
in order to increase these types of opportunities throughout campus.
Faculty and Staff Awards and Achievements
President Todd pointed out that he usually does not elaborate on the many faculty and staff
achievements listed in PR 1; however, he wanted to mention a very special achievement in this
report. D. Allan Butterfield, Director ofthe Center of Membrane Sciences, was ranked as the
21st most influential proteomics scientist in the world, according to the proteomics laboratory,
based on publication citations. Dr. Butterfield also was appointed as chair of the Neural
Oxidative Metabolism and Death Study Section (NOMD) ofthe Center for Scientific Review
(CSR) of the National Institutes of Public Health. The CSR is the portal for all NIH grant
applications and their review for scientific merit. President Todd characterized Dr. Butterfield as
a first-generation student, a professor who loves the University and who has done a world of
good for us.
President Todd added that many other items in PR 1 are of interest and that the document
merits close examination by the Board members.
G. University of Kentucky 2011-15 Diversity Plan (PR 3)
President Todd introduced PR 3, the University of Kentucky 2011-15 Diversity Plan.
Credited to Associate Vice President for Institutional Equity and Equal Opportunity Terry Allen,
Provost Subbaswamy, and Vice President for Institutional Diversity JJ Jackson, the diversity
plan satisfies a requirement ofthe Kentucky Council on Postsecondary Education (CPE) for each
postsecondary education institution to develop a diversity plan that uses specified criteria. The
plan is ready to be approved by the Board. It will later be submitted to CPE for their
consideration and approval at their September 2011 meeting. The president recommended that
the Board approve PR 3.
Dr. Brockman asked for a motion of approval of PR 3. Mr. Smith moved approval. The motion
was seconded by Dr. McCorvey. Alter brief discussion, it was passed without dissent. (See
PR 3 on the Board of Trustees website, www.uky.edu/Trustees, under agenda.)
H. Appointment/Reappointment to Board of Directors University of Kentucky Gluck
Eguine Research Foundation Inc. (PR 4)
President Todd explained that PR 4 requests that the Board of Trustees approve the
appointment of Stuart Brown, Rolf Embertson, and G. Watts Humphrey, Jr., and the

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reappointment of Tom Goncharoff; Robert Stout, and Naoya Yoshida to the Board of Directors
ofthe University of Kentucky Gluck Equine Research Foundation, each for a four-year tenn
ending December 31, 2015. The president felt that these are very strong appointments, and he
recommended that the Board approve them.
Dr. Brockman asked for a motion of approval for PR 4. Mr. Mobley so moved. Ms.
Curris seconded, and the motion passed without dissent. (See PR 4 on the Board of Trustees
website, www.uky.edu/ Trustees under agenda.)
I. Reappointment to Board of Directors University of Kentucky Research
Foundation (PR 5)
PR 5 involves the UKRF Board reappointment of Henry Jackson as a public member for
a three-year tenn ending June 30, 2014. President Todd referred to Mr. Jackson’s rich
background as shown in his attached biographical sketch and encouraged the Board to approve
his reappointment.
Dr. Brockman asked for a motion of approval for PR 5. Mr. Stuckert moved approval. Ms.
Patterson seconded, and the motion passed without dissent. (See PR 5 on the Board of Trustees
website, www.uky.edu/ Trustees under agenda.)
J. Candidates for Degrees (AACR 1)
Ms. Brown, chair ofthe Academic Affairs Committee, gave her report. The first action
item of the committee was AACR 1, which lists candidates for degrees in August 2011. Ms.
Brown moved acceptance of AACR 1. Mr. Dawson seconded her motion, and it passed without
dissent. (See AACR 1 on the Board of Trustees website, www.uky.edu/ Trustees, under agenda.)
K. Creation ofthe Department of Otolaryngology-Head and Neck Surgery (AACR 2)
Ms. Brown relayed the highlights of AACR 2’s request, the creation of a Department of
Otolaryngology — Head and Neck Surgery, and asked for its approval. Her motion was seconded
by Dr. Sachatello and passed with no dissent. (See AACR 2 on the Board of Trustees website,
www.uky.edu/Trustees under agenda.)
L. Change in Degree — Gatton College of Business and Economics (AACR 3)
AACR 3 recommended a change in the name of a degree in the Gatton College of
Business and Economics from the Bachelor of Business Administration with a major in Decision
Science and lnfonnation Systems to Bachelor of Business Administration with a major in
Analytics. Ms. Brown moved acceptance of AACR 3. Mr. Gatton seconded her motion, and it
passed without dissent. (See AACR 3 on the Board of Trustees website, www.uky.edu/Trustees
under agenda.)

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M. Deletion of Degree — College of Education (AACR 4)
Ms. Brown said that AACR 4 asks the Board to approve the deletion of the Master of
Arts in Education degree with a major in Education — Distributive Education, effective fall 2011
semester. Ms. Brown moved acceptance of AACR 4. Mr. Dawson seconded her motion, and it
passed without dissent. (See AACR 4 on the Board of Trustees website, www.uky.edu/Trustees
under agenda.)
N. Proposed Amendment to Goveming Reggglation Part X (Entrepreneurial Leave)
and Administrative Regulation 3:1 (University of Kentucky Retirement Plan) (AACR 5)
Ms. Brown gave the second reading of AACR 5, a proposed amendment to Goveming
Regulation X which would establish for faculty employees an Entrepreneurial Leave. In order to
implement the revision to GR X, after the initial reading it was further recommended that the
Board of Trustees approve a revision to Administrative Regulation 3:1 (AR 3:1). The revision
adds entrepreneurial leave as a type of leave for which a faculty employee may make up his/her
retirement contributions following the leave. In addition, Section HI.D of AR 3:1 is being
amended to include the 457(f) plan as another plan option for Excess Limits or Contributions.
Ms. Brown moved acceptance of AACR 5. Mr. Stuckert seconded her motion, and it passed
without dissent. (See AACR 5 on the Board of Trustees website, www.uky.edu/ Trustees, under
agenda.)
O. Finance Committee Report
Mr. Stuckert, chair ofthe Finance Committee, reported that the committee met that
moming, and most ofthe Board members attended the meeting. At that meeting, details of the
proposed FCRs were vetted. He briefly reiterated the consent items which were FCR’s and
moved on to FCR 4.
P. Fiscal Year 2011-2012 Operating and Capital Budget (FCR 4)
Mr. Stuckert explained that at the moming meeting Vice President Angie Martin had
explained in detail the features ofthe Operating and Capital Budget. He moved approval of FCR
4. Dr. Gannon seconded the motion, which passed without dissent. (See FCR 4 on the Board of
Trustees website, www.uky.edu/ Trustees, under agenda.)
Q. Acceptance of Interim Financial Report for the University of Kentucky for the
Nine Months Ended March 31 2011 (FCR 5)
Mr. Stuckert introduced FCR 5, which includes the financial activities ofthe University
of Kentucky and its affiliated corporations, consisting of the University of Kentucky Research
Foundation, The Fund for Advancement of Education and Research in the University of
Kentucky Medical Center, University of Kentucky Athletic Association, University of Kentucky
Mining Engineering Foundation, University of Kentucky Humanities Foundation, University of
Kentucky Equine Research Foundation, University of Kentucky Center on Aging Foundation,

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and Central Kentucky Management Services. He moved for adoption of FCR 5 and was
seconded by Mr. Mobley. The resolution passed with no dissent. (See FCR 5 on the Board of
Trustees website, www.uky.edu/ Trustees, under agenda.)
R. 2010-11 Budget Revisions (FCR 6)
Mr. Stuckert moved the approval of FCR 6, which asked the trustees to authorize an
increase of $4.6 million resulting from revised income and expense estimates from the UK
Athletic Association. He was seconded by Ms. Brothers. There was no dissent, and the vote was
unanimous for the adoption of FCR 6. (See FCR 6 on the Board of Trustees website,
www.uky.edu/Trustees under agenda.)
S. Accept Lexmark Intemational Inc. Gift and Approve the Renovate Old Northside
Library Building Project (FCR 7)
Mr. Stuckert asked the Board to accept the Lexmark gift of $1 million to renovate the Old
Northside Library into Biology and STEM facilities. He moved approval of FCR 7 and was
seconded by Ms. Curris. The motion passed without dissent. (See FCR 7 on the Board of
Trustees website, www.uky.edu/ Trustees, under agenda.)
T. Renovate Research Labs (FCR 8)
Mr. Stuckert said that FCR 8 requests approval ofthe initiation of research lab
renovations in the Chemistry-Physics Building for a cost of $832,000. Mr. Stuckert moved
approval of the request. Dr. Gannon seconded, and the motion carried without dissent. (See
FCR 8 on the Board of Trustees website, www.uky.edu/ Trustees, under agenda.)
U. Disposal of Personal Property (FCR 9)
Mr. Stuckert said that FCR 9 is a recommendation for the Board to approve a plan for
Fiscal Year 2011-2012 with regard to routine disposition and disposal methods for personal
property. Mr. Stuckert moved approval. Mr. Roberts seconded, and the motion carried without
dissent. (See FCR 9 on the Board of Trustees website, www.uky.edu/Trustees under agenda.)
V. Patent Assigpment Report (FCR 10)
Dr. James Tracy, Vice President for Research, gave a report on the content ofthe Patent
Assignment Report in the moming meeting and detailed the 14 patents that have been filed, as
well as the fiscal-year-to-date activity as of March 31, 2011. Mr. Stuckert moved to approve the
report. Mr. Smith seconded, and the motion carried without dissent. (See FCR 10 on the Board
of Trustees website, www.uky.edu/Trustees, under agenda.)
W. Authorization to Negotiate to Acguire University Lofts (FCR 11 )
FCR 11 grants the Executive Vice President for Finance and Administration approval to
enter into negotiations to acquire University Lofts located at 236 Bolivar Street at a price not to

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exceed $6.7 million. The acquisition, if successful, would be used to house student instructional
space for the College of Fine Arts. Mr. Stucke1t moved approval. Dr. McCorvey seconded.
After brief discussion, the motion carried without dissent. Its passage received an enthusiastic
round of applause from a large contingent of College of Fine Arts faculty, staff; and students in
attendance. (See FCR 11 on the Board of Trustees website, www.uky.edu/ Trustees, under
agenda.)
X. Proposed Amendment to Goveming Regulations: Technical Corrections (FCR
Q)
Mr. Stucke1t explained that FCR 12 is the first reading of an amendment to Goveming
Regulations, Part II (GR II). The proposed revision does not include substantive changes. The
revision consists of technical corrections necessary to bring the GR into consistency with other
University regulations and practices. Mr. Stuckert moved approval. Ms. Curris seconded, and
the motion carried without dissent. (See FCR 12 on the Board of Trustees website,
www.uky.edu/Trustees under agenda.)
Y. Investment Committee Report
Dr. Brockman passed the floor to Mr. Gatton, chair ofthe Investment Committee, for his
report. Mr. Gatton stated that the Investment Committee met that moming to review
perfonnance results and conduct other business. The Endowment had a net market value of
$909.5 million as of April 30, 2011. For the 10 months ended April 30th, the Endowment pool
retumed 20.7 percent, which is in line with the policy benchmark retum of 20.9 percent.
The Committee approved the Endowment Investment Policy, which is fonnally reviewed
and approved on an annual basis. Minor changes were made to the target asset allocation and
manager structure, which is designed to produce an average annual retum of 7.5 percent over the
long tenn, defined as 10 years or more. If achieved, the 7.5 percent annual retum should allow
the University to support the 4.5 percent annual spending and management fee withdrawals and
maintain the inflation-adjusted value ofthe Endowment.
The Committee met in a special session at Keeneland on Monday, June 13 and heard
presentations from two of its investment managers, Grosvenor and PIMCO. Grosvenor manages
an absolute retum strategy for the University, and PIMCO manages a real retum strategy and two
fixed income strategies for the University. Grosvenor and PIMCO are the University’s largest
active managers with target allocations of 12 percent and 16 percent, respectively. The finns
provided the Committee a market outlook and strategy update.
Investment staff and consultant R. V. Kuhns & Associates have issued Requests for
Proposals to hire additional private equity and real estate managers. The University has been
building the allocations to private equity and real estate slowly over the last several years in
order to achieve vintage year diversification. Staff and R. V. Kuhns plan to make finalist
recommendations at the September Investment Committee meeting.

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Z. Student Affairs Committee Report
Ms. Patterson, chair of the Student Affairs Committee, reported on the moming’s
meeting, which featured interviews with successful UK students. The committee intends for
such interviews and showcasing to become a regular feature at its meetings. Chosen for the first
such meeting were Aleidra Allen and Joseph Quinn, both May 2011 graduates and Singletary
Award recipients. Committee members talked with the students and asked what brought them to
UK, what their memorable moment was at UK, what they enjoyed the most, what UK can do to
entice pre-college students to come here, how students can be successful at college, and what
their first involvement was as a student.
Mr. Smith spoke on this being a bittersweet time for him as he concludes his year as
president of Student Govemment Association and as a member of the Board of Trustees. He
gave an introduction ofthe incoming president of Student Govemment Association, Micah
Fielden. A Lexington native, Mr. Fielden, majoring in Biotechnology and Agricultural
Engineering, has been involved with Student Government for several years and will be a good
advocate for the students.
AA. University Health Care Committee Report
Dr. Brockman reminded Board members that the Health Care retreat on June 13
comprised the meeting of the Health Care Committee. He asked Ms. Young to give the
committee report. Ms. Young, chair ofthe committee, remarked that the retreat was attended by
most ofthe board members and that it was a full day.
Dr. Karpf opened the meeting with a strategic plan update called "Moving Forward” and
talked about how relationships with regional providers continue to mature and how the approach
to subspecialty care continues to be refined. Then he discussed new initiatives and opportunities
in beyond-Kentucky relationships with West Virginia, Ohio, and Tennessee and how a
partnership with Norton Healthcare had strong opportunities for collaboration and growth.
Mr. Sergio Melgar presented the financial report. While the fiscal year has one month to
go, UK should end the year positively. A good indicator is that volume increased in 2010, while
the overall patient volume across the state actually has dropped 2.8 percent. Total operating
revenue is expected to be just under $890 million — an increase of nearly $50 million over 2010.
Operating income is expected to be approximately $30 million, and strong investment income for
the year will leave the net change in total assets for the year at approximately $40 million. The
balance sheet is expected to show cash and investments in excess of $200 million.
Mr. Melgar also presented the budget for 2012. He noted that 2012 is likely to be a
challenging year as operations have to adjust to the new outpatient care facility. The 2012
budget shows operating revenues anticipated to be $967 million with an increase in volume to
almost 34,000 discharges and a modest increase in outpatient activity. Operating income is
budgeted at $20 million. The results include an increase in depreciation of approximately $18
million due to the new pavilion and additional increases in bad debt of $8 million. The major
risks for 2012 include adjusting operations to accommodate the new operating room facilities

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and bed capacity for Pavilion A, increasing productivity of faculty and staff, meeting ambulatory
EMR deadlines, Medicaid managed care, and bad debt and cash management in light of capital
needs. The Health Care Committee moved and voted to accept the 20l2 budget.
Dr. Richard Lofgren presented a clinical performance fund update. He noted that there
has been a very significant improvement in the quality outcomes for the reduction in mortality —
a huge accomplishment — and a significant improvement in patient safety indicators. Customer
service scores have improved over the past six months and employee engagement continues to be
enhanced. Efficiency metrics remain competitive compared to university health consortium
benchmarks. This includes supply costs being lower this year compared to last year and the
length of stay remaining competitive. There has been better than expected growth in surgical
cases and new ambulatory business while the total number of discharges remains level.
Dr. Kevin Nelson presented privileges and credentials from UK HealthCare Chandler
Hospital and Good Samaritan. The committee made a motion and all credentials and privileges
were approved.
During the aftemoon, the retreat featured several presentations. Dean Tim Tracy
presented an update on the College of Phannacy. Dr. Philip Kem offered an overview of the UK
Center for Clinical and Translational Science. Dr. Linda Van Eldik discussed the Sanders Brown
Center on Aging and a potential ongoing grant for that center. Dr. Mark Evers reported on an
NCI designation update for the Markey Cancer Center. Dr. Emery Wilson, interim dean ofthe
College of Medicine, gave an update on the College of Medicine.
Ms. Young concluded her remarks by saying that it was a full day.
BB. University Relations Committee Report
Ms. May, chair of the University Relations Committee, reported that the committee dealt
with finishing its recent Presidential Search Committee business by suggesting that it would be
appropriate to express its appreciation to the Extension offices around the state by preparing
plaques to send to each. The Board agreed with their proposal. In addition, Ms May suggested
that her group will also send a certificate of appreciation to all of the people who helped in
planning the across-state trips that her group led.
In addition, Ms. May updated the committee on the busy schedule expected for UK
Public Relations in the transition from the Todd presidency to the upcoming Capilouto
presidency.
CC. Other Business
Dr. Brockrnan moved to other business and began the annual reports ofthe university’s
affiliated corporations by asking for a report from Trustee representatives on each corporation’s
board of directors.

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DD. Athletic Association Board of Directors Report
Mr. Dawson reported on the Athletic Association Board of Directors meeting, which was
held on May 26, 2011. At that meeting, Dr. Todd congratulated all of the student athletes for a
remarkable season, especially the Softball team, for hosting the NCAA Super Regional, and the
Rifle team for their national championship win. He also commended all student athletes for
contributing over 200 hours of community service and noted their improvement in graduation
rates and grade point average (GPA). President Todd thanked the Athletic Department for their
contributions to campus, mainly through royalties and scholarships. He also expressed his
pleasure with the culture created by Athletic Director Mitch Bamhart and his administration, and
he thanked them for laying a great foundation.
The Athletic Association received a report from its Finance Committee meeting, at which
Mr. Butler recommended the approval of two items: UK Athletics’ fiscal year 2011 budget
adjustments and the fiscal year 2012 budget presented by Ms. Lisa Peterson. Both
recommendations were unanimously approved by the Board. Ms. Peterson also presented the
2012 budget of $83.6M to the Athletic Board’s full meeting
Mr. Mitch Bamhart gave the Athletic Director’s report and congratulated the 66 May
student-athlete graduates of the University of Kentucky. Over 14 teams posted a Spring GPA
over 3.0, and Men’s Basketball tied for the top academic progress rate (APR) in the SEC. In
addition, UK is one of two schools in the SEC that has never had an APR penalty.
Mr. Bamhart congratulated several sports for their accomplishment this season: The
Rifle Team and head coach Harry Mullins — national championship win, Men’s Basketball —
Final Four run, the Volleyball team for the sixth straight post-season run, Women’s Basketball —
NCAA 2"d round, Football for making their 5th consecutive bowl appearance, Men’s Tennis and
Eric Quigley set a record for number of victories in one year at 29, and Softball Team for hosting
an NCAA Super Regionals.
EE. Gluck Equine Research Foundation Board Report
Dr. McCorvey gave the Equine Board report. The University of Kentucky Gluck Equine
Research Foundation had a fall board meeting in November, a nominating committee meeting in
March, and a spring board meeting in April.
The Gluck Foundation participated in organizing several outreach activities, including a
Monthly UK Department of Veterinary Science Equine Diagnostic and Research Seminar Series,
an Intemational Symposium on Equine Reproduction in July 2010, Bi-monthly Kentucky Equine
Networking Association dinner meetings in partnership with the Kentucky Horse Council, which
began in September 2010, of course the Alltech FEI World Equestrian Games in September and
October of 2010, the Kentucky Breeders’ Short Course, January 21 and 22 of 201 1, and the
Rolex Three-Day Event, April 28 - May 1, 2011.

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Gluck Foundation Promotions published "Research Report 20l0” for the Gluck Center,
the Bluegrass Equine Digest, a monthly e-newsletter with TheHorse.com, which was launched in
June 2009, and which has more than 34,000 subscribers as of April 20l l, the Gluck Equine
Research & Service Report, published in spring and fall and sent to 2,600 donors and friends of
the Gluck Foundation, and Board Bits, an intemal newsletter emailed in summer and winter to
board members, and to faculty and staff in the Department of Veterinary Science. The unit also
created Gluck Center history cards, Gluck Center "postcards,” Animal Genetics Testing &
Research Laboratory 25m anniversary cards, and a geriatric horse brochure for the immunology
group. The Gluck Center has a social media presence on Facebook and Twitter.
In tenns of Development, the Center has initiated a study as to the feasibility of a major
campaign for all equine programs. They have pledges for calendar year 20l0 of $556,650 and
donations for calendar year 20l0 of $763,439. There is a new hi